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WPIC outlines investment cases for platinum as structural deficit persists

From miningweekly.com

Supply is continuing to lag demand in the platinum market, leading to a structural deficit, and this presents a compelling investment case, industry organisation World Platinum Investment Council (WPIC) research director Edward Sterck says. The platinum market is expected to record its third successive shortfall this year, at 966 000 oz. This follows deficits of 992 000 oz and 896 000 oz in 2024 and 2023, respectively. Moreover, looking at the WPIC two- to five-year forecast, deficits are forecast to occur every year until 2029, he points out. On the supply side, mine supply is projected to be at multi-year lows. ... (full story)

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  • Category: Fundamental Analysis